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Nov 13, 2012
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fiscal cliff. >> he has a strong hand in the fiscal cliff but at this point to the average voter doesn't reflect on him. >> i don't think the white house has things to be worried about other than it's a headache and takes them off question. there is a morals and values question. richard cohen and "the washington post" today says get petraeus back to work. i will read an excerpt. >> i mean, there it is. besides who shot jr, we don't know what is going on and beyond that, it is interesting, you know, i don't know what the politics are in terms of left/right, conservative versus liberal or democrat versus republican. it does seem to me that a the lot of the people who are more conservative in this line of work, have big scandals, join us on the flawed sinful side over here. we know our limitations. as clint eastwood said, to quote a guy now speaking to a full chair, a man has to know his limits. know what you're dealing with. i'm just stunned that people in charge of security, are this sloppy. >> yes. >> i'm stunned that -- you're the head of the cia. you can't mack with any more secretiven
fiscal cliff. >> he has a strong hand in the fiscal cliff but at this point to the average voter doesn't reflect on him. >> i don't think the white house has things to be worried about other than it's a headache and takes them off question. there is a morals and values question. richard cohen and "the washington post" today says get petraeus back to work. i will read an excerpt. >> i mean, there it is. besides who shot jr, we don't know what is going on and beyond...
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Nov 28, 2012
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nice to chat with you. >> senator, let's talk about the fiscal cliff. increasingly we are referring to it as the fiscal curve, possibly among some folks in our circle, the fiscal mole hill. you have advocated going over the fiscal cliff as a way for both democrats and republicans to make a deal and i will call to mind -- i will call to everyone's attention comments you made at the brookings institution this summer when you said if the bush tax cuts expire every proposal will be a tax cut proposal and the norquist pledge will no longer keep republicans boxed in and unable to compromise. which would seem to be good news for republicans. what do you make of john boehner's statement saying bad idea? >> well, first of all, i respect representative cole for saying the obvious, that there is no need to hold 98% of our middle-class families and 97% of our small businesses hostage just in order to protect the wealthiest americans. that this fiscal cliff that we are facing can be resolved very quickly if we pass a bill to extend the tax cuts for those people. i r
nice to chat with you. >> senator, let's talk about the fiscal cliff. increasingly we are referring to it as the fiscal curve, possibly among some folks in our circle, the fiscal mole hill. you have advocated going over the fiscal cliff as a way for both democrats and republicans to make a deal and i will call to mind -- i will call to everyone's attention comments you made at the brookings institution this summer when you said if the bush tax cuts expire every proposal will be a tax cut...
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Jun 29, 2012
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in terms of whether health care has to be part of a grand bargain deal with the fiscal cliff i think is a matter of politics for sure and a matter of bookkeeping. i think republicans are going to expect there to be cuts in some of the medical programs in order to reach a deal that involves new revenues. i think it's going to be part of the debate for the new president or the re-elected president, no matter what. i just don't think you will be able to get a deal without reopening it. that pulls at least at some of the threads of what obamacare is now supposed to be. >> ezra, i want to talk about the medicaid piece the governor brought up, because that is 17 million -- >> more than 50%. >> exactly. it comes down to states that are facing fiscal cliffs or budgetary cliffs and whether or not they accept the deal with the federal government. >> on the medicaid portion, for folks who don't know, the bill covers everybody beneath 133% of the poverty line with medicaid. that is how it gets about half of its coverage. what the supreme court said yesterday is the only thing they changed in the
in terms of whether health care has to be part of a grand bargain deal with the fiscal cliff i think is a matter of politics for sure and a matter of bookkeeping. i think republicans are going to expect there to be cuts in some of the medical programs in order to reach a deal that involves new revenues. i think it's going to be part of the debate for the new president or the re-elected president, no matter what. i just don't think you will be able to get a deal without reopening it. that pulls...
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Dec 7, 2012
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what do these numbers mean and what do they portend for the fiscal cliff negotiations? >> it strengthens the president's hand. it was a good number, not great, because of some of the revisions we saw to previous months but the president can tout a record of job creation, so that's encouraging. the unemployment rate went down to 7.7% for some of the wrong reasons. a lot of people left the labor force. that's not something you want to see. you want to see more people coming into the labor force, encouraged that they have a chance at getting a job. nonetheless, 146,000 jobs created. that's good for the president. gives him a chance to go out there and have some momentum going into the fiscal cliff talks. i was just at the speaker's press conference down the hall at the top of last hour and he said look, there's no progress being made and his call with the president was just more of the same and the staff talks behind the scenes yesterday were more of the same. he didn't give us a whole lot of optimism going into this weekend here, alex. >> here's my question. i have many q
what do these numbers mean and what do they portend for the fiscal cliff negotiations? >> it strengthens the president's hand. it was a good number, not great, because of some of the revisions we saw to previous months but the president can tout a record of job creation, so that's encouraging. the unemployment rate went down to 7.7% for some of the wrong reasons. a lot of people left the labor force. that's not something you want to see. you want to see more people coming into the labor...
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Nov 15, 2012
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cliff although lately people have been calling it the fiscal curb, it's unclear how much of a steep drop it is in the first 24 hours. can republicans, if the president lets the bush tax cuts expire can the republicans come back to the table and pass a tax cut, does that work in their favor? do american people say the republicans got owned and have to come to the table and deal with whatever the president wants to do? >> works in their favor with the base. the problem is the base is a losing proposition as was demonstrated by the election. so, they have to make up their mind who are they playing to here? who is their constituency? is it the far right? is it the tea party in which case going over the cliff might serve some of them and their districts or is it the american people? >> by technically you wouldn't be violating the norquist pledge it would have happened and now you're cutting taxes. this is the idea that democrats in the senate want to do, patty murray's talking about let the bush tax cuts expire, build our own obama tax cut package and be credited for a massive tax cut fo
cliff although lately people have been calling it the fiscal curb, it's unclear how much of a steep drop it is in the first 24 hours. can republicans, if the president lets the bush tax cuts expire can the republicans come back to the table and pass a tax cut, does that work in their favor? do american people say the republicans got owned and have to come to the table and deal with whatever the president wants to do? >> works in their favor with the base. the problem is the base is a...
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Jul 12, 2012
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and besides that, we're not going to go over the fiscal cliff. there is too much horse trading that will happen. the debt limit is vital. right? they cannot bust through the bust limit, we're in default. to get the debt limit raised again, they're going to have -- the democrats, if it is, indeed, them, who are doing the negotiating -- will have to hand over something such as avoiding the deep defense cuts and then you're into a battle over what are the give and takes on the bush tax cuts? all that stuff expires at the end of the year. all of it comes due then. do you as a re-elected president, a new president, as a new congress want to waste the first couple months of the new year doing this or try to get rid of it? >> and deal with the repercussions retroactively which has been floated out there. we shall she, wiley coyote, if he falls, whether he falls at all, if it's a gentle slope. not a good cartoon if it's a gentle slope. >>> coming up, total disregard. former direct of the fbi releases a new report finding penn state officials concealed fa
and besides that, we're not going to go over the fiscal cliff. there is too much horse trading that will happen. the debt limit is vital. right? they cannot bust through the bust limit, we're in default. to get the debt limit raised again, they're going to have -- the democrats, if it is, indeed, them, who are doing the negotiating -- will have to hand over something such as avoiding the deep defense cuts and then you're into a battle over what are the give and takes on the bush tax cuts? all...
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Nov 8, 2012
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the fiscal cliff happens but the cliff is a misnomer. you don't drive off the cliff and plunge to your death within ten seconds. you drive off the cliff, and six months later revenues dry up, cuts go into effect. so there's some time there for negotiation. the question really isn't have the republicans change. question is has obama changed? all i have to do is sit here and the revenue comes in the door. >> don't you think -- look at payroll tax cut fight he won on that and took it to the american public. i'm of the think he learned some lessons in the first four years. >> back to what joy says you don't need 99 tea partiers. this doesn't have to pass with 90%. this has to pass with 51% in the house, and we can get those votes if we create the atmosphere, if boehner works hard, the business community's key. the business community's contributed over $35 billion to the campaign to fix the debt for a public relations campaign. the business community can come down on the other nontea party republicans and say you've got to do this, understand
the fiscal cliff happens but the cliff is a misnomer. you don't drive off the cliff and plunge to your death within ten seconds. you drive off the cliff, and six months later revenues dry up, cuts go into effect. so there's some time there for negotiation. the question really isn't have the republicans change. question is has obama changed? all i have to do is sit here and the revenue comes in the door. >> don't you think -- look at payroll tax cut fight he won on that and took it to the...
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Dec 12, 2012
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the markets will respond badly if we go over the fiscal cliff. foreign investors will respond badly if america goes over the fiscal cliff at the end of this year. there's a sense, i'm hearing, increasing pessimism among republicans that say we can't afford to have these kinds of talks, even the stalling process doesn't look good for the country. >> there's other incentives that are bringing both republicans, especially the white house, to the table with respect to the fiscal cliff. we did reporting on this. >> your bosom buddy. >> yeah, but there's stimulus the white house wants as a result of the fiscal cliff deal. they don't want to see a lapse, for instance, in the payroll tax cut. although they'd be fine with it being replaced by something else. unemployment insurance passed, infrastructure spending, those are incentives for the white house to cut a deal on the fiscal cliff as opposed to just going over it and saying, okay, we'll just take the, you know, sequester cuts and bush tax rates. >> that's right, and they were willing to do that in 2
the markets will respond badly if we go over the fiscal cliff. foreign investors will respond badly if america goes over the fiscal cliff at the end of this year. there's a sense, i'm hearing, increasing pessimism among republicans that say we can't afford to have these kinds of talks, even the stalling process doesn't look good for the country. >> there's other incentives that are bringing both republicans, especially the white house, to the table with respect to the fiscal cliff. we did...
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Oct 25, 2012
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on the fiscal cliff in fairness, what you say about congress not doing anything on the fiscal cliff is the same as obama not doing anything. >> right. >> they can't solve it. you have to have an election to solve it. and i believe they will solve it afterwards. i do think that the polls show us that whether or not obama gets a surge at the end, there's not going to be a surge that kicks republicans out of the house. it's pretty clear that the wave just isn't there. and i think the likelihood is that we end up, if you had to bet right now you'd say odds greater than 50/50 we end up with the same three leaders after the election than we've got right now. >> there was an important caveat, that you say you think they will do something about the fiscal cliff. >> yes. >> and that, you know, we read reports, politico reporting that libelist rag reporting that, look, they may punt the see questers to 2014. it's a constant sort of kicking the can down the road. >> i think, if obama's re-elected the first phone call one of the first to john boehner and resume the grand bargain negotiations asap
on the fiscal cliff in fairness, what you say about congress not doing anything on the fiscal cliff is the same as obama not doing anything. >> right. >> they can't solve it. you have to have an election to solve it. and i believe they will solve it afterwards. i do think that the polls show us that whether or not obama gets a surge at the end, there's not going to be a surge that kicks republicans out of the house. it's pretty clear that the wave just isn't there. and i think the...
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Nov 27, 2012
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if we let -- go over the fiscal cliff, it's going to solve our fiscal problems. the deficit will essentially go away. the bad side we're in a deep recession and the deficit will go away. this is an economy that can't afford to have 4% of our spending disappear just next year. we'll see a recession next year almost for sure and for certain. so that's the sense in which i think this is something to worry about. we want -- the recovery is faltering right now and we really don't need congress clubbing it over the head again, pushing us back down yet again. >> yet again. justin, thank you, sir, from the university of michigan. great to have you. >> thanks, alex. >> catch one of the key players in the fiscal cliff negotiations right here on "now" when senator patty murray joins us tomorrow at noon eastern. >>> and coming up after their romney nominee received just over a quarter of the latino vote republicans say they're ready to put up when it comes to comprehensive immigration reform. what are they doing about it? so far putting up a lot of window dressing. the displ
if we let -- go over the fiscal cliff, it's going to solve our fiscal problems. the deficit will essentially go away. the bad side we're in a deep recession and the deficit will go away. this is an economy that can't afford to have 4% of our spending disappear just next year. we'll see a recession next year almost for sure and for certain. so that's the sense in which i think this is something to worry about. we want -- the recovery is faltering right now and we really don't need congress...
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Oct 12, 2012
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as capitol hill facing the fiscal cliff baseball fans in the beltway face another cliff, playoff elimination. must wins, walk-offs and jayson werths. that's coming up next. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. ca
as capitol hill facing the fiscal cliff baseball fans in the beltway face another cliff, playoff elimination. must wins, walk-offs and jayson werths. that's coming up next. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you....
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Nov 21, 2012
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. >>> who do you trust more on the fiscal cliff? ben bernanke or rush limbaugh. rush thinks he holds some cards in the looming negotiations. can congress cut out the middlemen, the drama and make a deal? we will discuss next on "now." look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. other side effects include dry
. >>> who do you trust more on the fiscal cliff? ben bernanke or rush limbaugh. rush thinks he holds some cards in the looming negotiations. can congress cut out the middlemen, the drama and make a deal? we will discuss next on "now." look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd...
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Dec 11, 2012
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senator kent conrad is here to update us on the fiscal cliff talks. syrian rebels are gaining what would be assad regime do? we'll hear from richard edgel on the border and david ignacious here, and an award winning documentary on the war on drugs, a war with unintended consequences. that next on andrea mitchell reports. could only come from nature. new nectresse. the 100% natural no-calorie sweetener made from the goodness of fruit. new nectresse. sweetness naturally. a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. celebrex can be taken with or without food. and it's not a narcotic. you and your doctor sh
senator kent conrad is here to update us on the fiscal cliff talks. syrian rebels are gaining what would be assad regime do? we'll hear from richard edgel on the border and david ignacious here, and an award winning documentary on the war on drugs, a war with unintended consequences. that next on andrea mitchell reports. could only come from nature. new nectresse. the 100% natural no-calorie sweetener made from the goodness of fruit. new nectresse. sweetness naturally. a body at rest tends to...
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Nov 19, 2012
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i think -- and also we keep calling it the fiscal cliff. it's a fiscal curve. i mean, there's a manufactured crisis here that could endanger not enhance our economic security. >> even if you do around a curve too fast you lose control. >> i think the american people are concerned about too fast. >> the markets are. >> the markets are concerned about too fast. progressives may not be concerned about too fast, which is fine for progressives, the rest of us are concerned about deficits because that's a bill we're passing to future generations and the way that congress approaches this problem does matter. if we want to call it a cliff that's the appropriate reality. >> but look at it this way, it's not like progressives the rest of us in the real woerlds. the people in the real world are being spoken for by progressives because those people are the ones that have to pay the biggest debt here. how are you talking about giving multimillion ariannas cut when talking about people making $24,000 for family of four who can barely reach the poverty level are enduring enti
i think -- and also we keep calling it the fiscal cliff. it's a fiscal curve. i mean, there's a manufactured crisis here that could endanger not enhance our economic security. >> even if you do around a curve too fast you lose control. >> i think the american people are concerned about too fast. >> the markets are. >> the markets are concerned about too fast. progressives may not be concerned about too fast, which is fine for progressives, the rest of us are concerned...
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Nov 26, 2012
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in the short term, the very short term, i think actually some of the hype around the fiscal cliff is a little overblown, particularly because the first couple of days or week or so after we go over the fiscal cliff we won't see all that many impacts. all these tax and spending impacts take months to go into effect. it doesn't impact the economy until people start paying taxes, which could be several months down the line for most americans. on the spending side as well, spending is built into the cake so again you'd be looking at stuff that would be impacting the out months. for the first couple of months, no real specific impact. the big thing to worry about is whether wall street freaks out or not about the fact that we've gone over the fiscal cliff. if they do freak out, that could have an impact and cause a recession because of the wall street impact. >> and the premise of your analysis there is that we're looking at late deal or early deal. nobody really thinks that there will never be a deal. and so what you're saying, what, if it was three weeks out or late january or after the
in the short term, the very short term, i think actually some of the hype around the fiscal cliff is a little overblown, particularly because the first couple of days or week or so after we go over the fiscal cliff we won't see all that many impacts. all these tax and spending impacts take months to go into effect. it doesn't impact the economy until people start paying taxes, which could be several months down the line for most americans. on the spending side as well, spending is built into...
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Nov 30, 2012
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as the clock ticks down to the fiscal cliff, might lieutenant biden help avert disaster? sam, you talked to republican on the hill and there's a lot of back and forth about how good of a negotiator the president and his emissaries are. i've been wondering where joe biden is on this, given his experience on the hill and whether he might be a more effective ambassador in this back and forth that we are having. >> yeah. i think so. keep in mind, he and eric cantor had lengthy conversations when we were doing this in a different incarnation many months ago and so, you know, the framework was there between these two guys, not just that, between the respective staffs. the problem, if there was one with respect to biden, at least as i think, is that the -- if you do need an emissary on the hill for democrats, it's probably going to be with the house democratic caucus. by that i mean john boehner will at some point have to decide if he can get something done with all of his caucus or part of his caucus or house democrats. at that point you need nancy pelosi to get some of those l
as the clock ticks down to the fiscal cliff, might lieutenant biden help avert disaster? sam, you talked to republican on the hill and there's a lot of back and forth about how good of a negotiator the president and his emissaries are. i've been wondering where joe biden is on this, given his experience on the hill and whether he might be a more effective ambassador in this back and forth that we are having. >> yeah. i think so. keep in mind, he and eric cantor had lengthy conversations...
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Dec 26, 2012
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cliff. that's not all, holiday spending also hit its lowest rate since the 2008 recession, which retailers are blaming on the uncertainty in washington. so where do we go from here? well, since the house failed to get a vote on the tax package last week, all eyes are on the senate. a temporary deal that would basically extend all the tax cuts for those making under a quarter million. the deal would also rescue long-term unemployment benefits and instead of addressing those automatic spending cuts we've all heard about that are set for january 1st, this temporary deal would delay them for another six months. few are optimistic this new plan, if we do go over the clifr, would work out. so what would half if we go over the cliff? the payroll tax holiday will expire on new year's day. that means most people will start paying more taxes in each paycheck. another 21 million americans would lose federal emergency unemployment benefits and those, let's remember, are people struggling the most right
cliff. that's not all, holiday spending also hit its lowest rate since the 2008 recession, which retailers are blaming on the uncertainty in washington. so where do we go from here? well, since the house failed to get a vote on the tax package last week, all eyes are on the senate. a temporary deal that would basically extend all the tax cuts for those making under a quarter million. the deal would also rescue long-term unemployment benefits and instead of addressing those automatic spending...
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Sep 12, 2012
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. >> we will ask luke about this exchange and the looming fiscal cliff when he joins us next. bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. wthe future of our medicare andr electiosocial security. for... man 1: i want facts. straight talk. tell me your plan... and what it means for me. woman 2: i'm tired of the negative ads and political spin. that won't help me decide. man 2: i earned my medicare and social security. and i deserve some answers. anncr: where do the candidates stand on issues that... affect seniors today and in the future? isg . >>> seven years after hurricane katrina the rebuilding effort con
. >> we will ask luke about this exchange and the looming fiscal cliff when he joins us next. bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's...
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Oct 24, 2012
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what do economists think about the looming fiscal cliff? >> i'm quite concerned. i'm quite concerned because the amount of friction in our political system is not new. but what is different is, they don't talk to each other. >> they will cliff hang with both shoe aficionado luke russert next on "now." ♪ [ male announcer ] it's time for medicare open enrollment. are you ready? time to compare plans and see what's new. you don't have to make changes, but it's good to look. maybe you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ medicare open enrollment. now's the time. visit medicare.gov or call 1-800-medicare. ♪ visit medicare.gov or call 1-800-medicare. when you lost the thing you can't believe you lost.. when what you just bought, just broke. or when you have a little trouble a long way from home... as an american express cardmember you can expect some help. but what you might not expect, is you can get all this with a prepaid card. spends like cash. feels like membership. >>> presi
what do economists think about the looming fiscal cliff? >> i'm quite concerned. i'm quite concerned because the amount of friction in our political system is not new. but what is different is, they don't talk to each other. >> they will cliff hang with both shoe aficionado luke russert next on "now." ♪ [ male announcer ] it's time for medicare open enrollment. are you ready? time to compare plans and see what's new. you don't have to make changes, but it's good to look....
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Dec 6, 2012
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subtract 3.5, that is a severe recession. >> if we go off the fiscal cliff with no policy changes the near-term negative economic consequences would be significant and most assuredly throw us into a recession. >> comes a day after treasury secretary tim geithner told cnbc the white house is prepared to go the distance if its demands are not met. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again we see there's no agreement that done involve those rates going up on the top 2% of the wealthiest. remember it's only 2%. >> former senator alan simpson, co-founder of the fix the debt campaign, choice words and analysis for would-be cliff jumpers. >> when you have leaders of parties and people from the administration saying, i think it will be to the advantage of the democrats to go off the cliff, wealthy it will be advantage to the republicans to go off the cliff or the president to go off the cliff, that's like betting your country. there's stupidity involved in that. this is big-time stuff. >> surprising exactly no
subtract 3.5, that is a severe recession. >> if we go off the fiscal cliff with no policy changes the near-term negative economic consequences would be significant and most assuredly throw us into a recession. >> comes a day after treasury secretary tim geithner told cnbc the white house is prepared to go the distance if its demands are not met. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again we...
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Oct 18, 2012
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he'll get the fiscal cliff dealt with in some fashion. maybe there's punting on bigger tax reform. and if republicans think they need to win over latino voters, maybe a tiny shot of the dream act and that's it. >> one very big thing by doing nothing, the end of the bush tax cuts for the wealthy. you shouldn't underestimate how huge that is. talking about $5 trillion. you know that's going to come flowing into the federal government. he's going to have the upper hand just through an action. >> that won't happen because they'll restore all of the tax cuts for the middle income earners as soon as the bush tax cuts expire they'll revote in. it won't be 5 trillion. >> medicare, that's important. people need to understand voucherized medicare. >> talking about before, it is democratic pollsters, people like you mentioned james carville, stan greenberg, going around the country, talking to swing voters. swing voters are telling them it's a problem the president's not laying out a specific plan for the future. they're saying it over and over. >> the campaign reached a tipping point where t
he'll get the fiscal cliff dealt with in some fashion. maybe there's punting on bigger tax reform. and if republicans think they need to win over latino voters, maybe a tiny shot of the dream act and that's it. >> one very big thing by doing nothing, the end of the bush tax cuts for the wealthy. you shouldn't underestimate how huge that is. talking about $5 trillion. you know that's going to come flowing into the federal government. he's going to have the upper hand just through an...